Highlights of the first quarter include: Revenue of $330.8 million, an increase of 15% compared to $287.6 million in Q1 FY25. Net income of $53.9 million, an increase of 87% compared to $28.8 million in Q1 FY25, with non-GAAP net income of $85.8 million, an increase of 22% compared to $70.3 million in Q1 FY25. Net income per diluted share of $0.61, an increase of 85% compared to $0.33 in Q1 FY25, with non-GAAP net income per... Read More

From food banks to crisis shelters, 14 nonprofits recognized for tackling urgent community needs DRAPER, Utah, May 29, 2025 (GLOBE NEWSWIRE) -- The HealthEquity Community Foundation™ today announced the recipients of its second round of community grants, awarding $35,000 across 14 nonprofit organizations. Each selected organization will receive a $2,500 grant to support critical work in one or more of the Foundation’s core... Read More

DRAPER, Utah, May 09, 2025 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced plans to release its first quarter of fiscal 2026 financial results following the close of regular stock market trading hours on Tuesday, June 3, 2025. Following the news release, HealthEquity management plans to host a conference... Read More

DRAPER, Utah, April 29, 2025 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity"), the nation’s largest health savings account (HSA) administrator, today announced it has been named a USA Today Top Workplace for 2025 , ranking 23 rd nationwide for companies with more than 2,500 employees. This is... Read More

DRAPER, Utah, April 15, 2025 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity"), the nation’s largest Health Savings Account (HSA) administrator, has been recognized by the Business Intelligence Group for its Expedited Claims AI system at the 2025 Artificial Intelligence Excellence Awards . The award honors outstanding organizations, products, and individuals who have harnessed the power of AI for good to... Read More

Highlights of the fiscal year include: Revenue of $1.20 billion, an increase of 20% compared to $999.6 million in FY24. Net income of $96.7 million, an increase of 74% compared to $55.7 million in FY24, with non-GAAP net income of $277.3 million, an increase of 42% compared to $195.5 million in FY24. Net income per diluted share of $1.09, an increase of 70% compared to $0.64 in FY24, with non-GAAP net income per diluted... Read More

DRAPER, Utah, March 18, 2025 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (Nasdaq: HQY) ("HealthEquity") HealthEquity, the nation’s largest Health Savings Account (HSA) administrator, today announced the launch of HealthEquity Assist ™, a suite of tools that help members save, spend, and invest for healthcare. By using HealthEquity... Read More

DRAPER, Utah, March 11, 2025 (GLOBE NEWSWIRE) -- The HealthEquity Community Foundation today announced the first recipients of grants from their inaugural grant cycle, and the application timeline for their next grant cycle. This marks a significant step forward in the Foundation’s aim of advancing its mission to support healthcare, financial literacy, mental health, and basic human needs in communities nationwide. The... Read More

DRAPER, Utah, Feb. 18, 2025 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") custodian, today announced its HSAs, HSA Assets and Total Accounts as of its fiscal year ended January 31, 2025. The Company also affirmed its guidance for fiscal 2025 and 2026, provided an updated HSA cash repricing schedule, and announced upcoming events and... Read More

DRAPER, Utah, Jan. 28, 2025 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY), the nation’s largest health savings account (HSA) custodian, has been recognized by two industry awards programs for its Expedited Claims tool. Both the Best in Biz Awards and the Brandon Hall Excellence in Technology Awards have honored the time-saving solution, further underscoring HealthEquity’s commitment to simplifying healthcare benefits... Read More

DRAPER, Utah, Jan. 13, 2025 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced estimates of HSAs, HSA Assets and Total Accounts for its fiscal year ending January 31, 2025, reflecting a strong sales year with record New HSAs from Sales and strong custodial HSA Asset growth. Estimated HSAs to be approximately... Read More

DRAPER, Utah, Dec. 17, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY), the leader in health savings accounts (HSAs) and consumer-directed benefits, today announced it has received numerous top workplace awards over the course of the year. With honors both nationally and regionally, these accolades reflect HealthEquity’s unwavering commitment to fostering an innovative, inclusive, and supportive workplace. Among... Read More

Highlights of the third quarter include: Revenue of $300.4 million, an increase of 21% compared to $249.2 million in Q3 FY24. Net income of $5.7 million, compared to $14.7 million in Q3 FY24, with non-GAAP net income of $69.4 million, an increase of 33% compared to $52.2 million in Q3 FY24. Net income per diluted share of $0.06, compared to $0.17 in Q3 FY24, with non-GAAP net income per diluted share of $0.78, compared to... Read More

DRAPER, Utah, Dec. 03, 2024 (GLOBE NEWSWIRE) -- HealthEquity has announced its annual benefit trends webinar aimed at helping employers, HR professionals, and other business leaders prepare for the 2025 benefits landscape. The event will focus on benefits affordability for employers and employees, and how employers can address it. The webinar is scheduled for Tuesday, December 10, at 2 p.m. (EST). The panel-style discussion... Read More

DRAPER, Utah, Nov. 19, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY), a leader in health savings accounts (HSAs) and consumer-directed benefits, is proud to announce Chief Marketing Officer Tia Padia has been recognized with the MarCom Visionary CMO Award for her innovative leadership in the category of Individual’s Body of Work. This award recognizes Padia’s creative vision to develop the HealthEquity Immersion... Read More

DRAPER, Utah, Nov. 12, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced that after leading the company for more than 15 years, Jon Kessler, President and Chief Executive Officer, has decided to retire effective January 6, 2025. Mr. Kessler will remain a director and act a special advisor to the Company... Read More

DRAPER, Utah, Oct. 30, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced plans to release its third quarter of fiscal 2025 financial results following the close of regular stock market trading hours on Monday, December 9, 2024. Following the news release, HealthEquity management plans to host a conference... Read More

DRAPER, Utah, Oct. 24, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity"), the leader in health savings accounts (HSAs) and consumer-directed benefits administration, has earned two Golden Globee® awards at the 2024 Globee® Awards for Technology, including the Golden Globee® for Achievement in Leadership of Technology Strategy and Chief Technology Officer of the Year honors for Executive Vice... Read More

DRAPER, Utah, Oct. 15, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (Nasdaq: HQY) ("HealthEquity") in celebration of National HSA Awareness Day, has launched HSAnswers. Powered by a comprehensive and bespoke database of resources, research, and insights, the free-to-use AI chat tool can help individuals obtain clear answers to questions about HSAs and other consumer-directed benefits. In 2024 HealthEquity surveyed over 600... Read More

DRAPER, Utah, Oct. 03, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (Nasdaq: HQY) ("HealthEquity"), the leader in Health Savings Account (HSA) and consumer-directed benefits administration, today announced the launch of its new HealthEquity Community Foundation. Dedicated to building healthcare literacy and confidence in communities across the United States, the Foundation’s initial focus will be on providing grants to... Read More

DRAPER, Utah, Sept. 26, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (Nasdaq: HQY) ("HealthEquity") today released research findings on how Health Savings Account (HSA) contribution strategies influence how employees participate in their HSA benefits. The qualitative and quantitative analysis included a sample of nearly 2,000... Read More

Highlights of the second quarter include: Revenue of $299.9 million, an increase of 23% compared to $243.5 million in Q2 FY24. Net income of $35.8 million, compared to $10.6 million in Q2 FY24, with non-GAAP net income of $76.3 million, an increase of 67% compared to $45.6 million in Q2 FY24. Net income per diluted share of $0.40, compared to $0.12 in Q2 FY24, with non-GAAP net income per diluted share of $0.86, compared to... Read More

DRAPER, Utah, Sept. 03, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY), the nation’s largest Health Savings Account (“HSA”) custodian, today announced a new collaboration with Paytient, a healthcare technology firm, to offer employees greater confidence pursuing healthcare through Health Payment Accounts (HPAs). Forty percent of workplace-insured Americans reported deferring care due to cost. 1 With HPAs,... Read More

DRAPER, Utah, Aug. 21, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity"), the leader in health savings accounts (HSAs) and consumer-directed benefits administration, will kick off the second annual HSA Week TM on August 26. The weeklong event will include a variety of resources to educate workers and companies about HSAs and their potential to improve healthcare savings and financial stability.... Read More

DRAPER, Utah, Aug. 13, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced plans to release its second quarter of fiscal 2025 financial results following the close of regular stock market trading hours on Tuesday, September 3, 2024. Following the news release, HealthEquity management plans to host a... Read More

Highlights of the first quarter include: Revenue of $287.6 million, an increase of 18% compared to $244.4 million in Q1 FY24. Net income of $28.8 million, compared to $4.1 million in Q1 FY24, with non-GAAP net income of $70.3 million, an increase of 64% compared to $42.8 million in Q1 FY24. Net income per diluted share of $0.33, compared to $0.05 in Q1 FY24, with non-GAAP net income per diluted share of $0.80, compared to... Read More

DRAPER, Utah, May 14, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (Nasdaq: HQY) ("HealthEquity"), the leader in Health Savings Account (HSA) and consumer-directed benefits administration, is pleased to announce the completed transfer of Conduent’s (Nasdaq: CNDT) BenefitWallet HSA portfolio. HealthEquity Chief Executive Officer, Jon Kessler said, "We are thrilled to welcome BenefitWallet clients and members as partners on our... Read More

DRAPER, Utah, May 07, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced plans to release its first quarter of fiscal 2025 financial results following the close of regular stock market trading hours on Monday, June 3, 2024. Following the news release, HealthEquity management plans to host a conference call... Read More

DRAPER, Utah, May 02, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY), the nation’s largest Health Savings Account (HSA) custodian has received a Culture Excellence Award by Top Workplaces for the fourth consecutive year. "Our teammates deserve all the credit when it comes to this award,” said Cheryl King, executive vice president and chief human resource officer. “They have embraced our values and strive to bring... Read More

DRAPER, Utah, April 04, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (Nasdaq: HQY) ("HealthEquity") released the findings of a new survey on Artificial Intelligence (AI) in benefits administration. The survey provides a benchmark on senior benefit leaders’ attitude toward AI-enabled benefits tools. A majority (73%) of the more... Read More

Highlights of the fiscal year include: Revenue of $999.6 million, an increase of 16% compared to $861.7 million in FY23. Net income of $55.7 million, compared to net loss of $26.1 million in FY23, with non-GAAP net income of $195.5 million, compared to $114.5 million in FY23. Net income per diluted share of $0.64, compared to net loss per diluted share of $0.31 in FY23, with non-GAAP net income per diluted share of $2.25,... Read More

DRAPER, Utah, March 05, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced plans to release its fourth quarter and fiscal year end 2024 financial results following the close of regular stock market trading hours on Tuesday, March 19, 2024. Following the news release, HealthEquity management plans to host a... Read More

DRAPER, Utah, Feb. 21, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") custodian, today announced HSAs, HSA Assets and Total Accounts as of its fiscal year ended January 31, 2024. The Company also updated its previously announced FY24 guidance, affirmed its FY25 guidance, provided an updated HSA cash repricing schedule, and... Read More

DRAPER, Utah, Jan. 12, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY), the nation’s largest health savings account (“HSA”) custodian, has been named a winner of Glassdoor’s 16th annual Employees’ Choice Awards, honoring the Best Places to Work 2024 . The Glassdoor Employees’ Choice Awards are based on the input of employees who voluntarily provide anonymous feedback on Glassdoor by completing a company review... Read More

DRAPER, Utah, Jan. 08, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced estimates of HSAs, HSA assets and total accounts for its fiscal year ending January 31, 2024, reflecting a strong sales year with new HSAs and custodial asset growth. Estimated HSAs to be approximately 8.7 million by January 31,... Read More

DRAPER, Utah, Dec. 12, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY), the nation’s largest health savings account (“HSA”) custodian, invites industry professionals and media to an end of year forum they are sponsoring on " The top 4 employee benefits trends to watch for in 2024 ." Scheduled for December 14 at 12 p.m. EST, the Society for Human Resource Management ( SHRM ) will host the online webinar, which will... Read More

Highlights of the third quarter include: Revenue of $249.2 million, an increase of 15% compared to $216.1 million in Q3 FY23. Net income of $14.7 million, compared to net loss of $1.6 million in Q3 FY23, with non-GAAP net income of $52.2 million, an increase of 61% compared to $32.4 million in Q3 FY23. Net income per diluted share of $0.17, compared to net loss per diluted share of $0.02 in Q3 FY23, with non-GAAP net income... Read More

DRAPER, Utah , Nov. 08, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced plans to release its third quarter of fiscal 2024 financial results following the close of regular stock market trading hours on Tuesday, December 5, 2023. Following the news release, HealthEquity management plans to host a... Read More

DRAPER, Utah, Nov. 07, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY), the nation’s largest health savings account (“HSA”) custodian, has been recognized as a Top Place to Work in nearly a dozen regional rankings around the country. The awards, which are based largely on workforce feedback, underscore HealthEquity's commitment to foster a culture that empowers its team members. The company is recognized for its... Read More

FLORHAM PARK, N.J. and DRAPER, Utah, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, and HealthEquity, Inc . (Nasdaq: HQY), the nation’s largest health savings account (HSA) administrator, today announced that they have entered into a definitive agreement to transfer BenefitWallet’s Health Savings Account (HSA) portfolio to... Read More

FLORHAM PARK, N.J. and DRAPER, Utah, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, and HealthEquity, Inc . (Nasdaq: HQY), the nation’s largest health savings account (HSA) administrator, today announced that they have entered into a definitive agreement to transfer BenefitWallet’s Health Savings Account (HSA) portfolio to... Read More

Delivers Record HSA Asset Growth, Margin Expansion Highlights of the second quarter include: Revenue of $243.5 million, an increase of 18% compared to $206.1 million in Q2 FY23. Net income of $10.6 million, compared to net loss of $10.7 million in Q2 FY23, with non-GAAP net income of $45.6 million, an increase of 62% compared to $28.1 million in Q2 FY23. Net income per diluted share of $0.12, compared to net loss per diluted... Read More

DRAPER, Utah, Aug. 14, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity”), the leader in health savings accounts (HSAs) and consumer-directed benefits administration, has launched an inaugural "HSA Week," starting today. According to a recent HealthEquity survey , 68% of benefits leaders say low understanding of benefits causes some employee groups to be underserved. HSA Week aims to enhance financial... Read More

DRAPER, Utah, Aug. 08, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced plans to release its second quarter of fiscal 2024 financial results following the close of regular stock market trading hours on Tuesday, September 5, 2023. Following the news release, HealthEquity management plans to host a... Read More

DRAPER, Utah, July 18, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity”), the leader in health savings accounts (HSAs) and consumer-directed benefits administration released results from its latest employer survey which finds 87% of employers believe consumer directed-benefits can be a vehicle for battling inflation. “We’ve all experienced the effects of shrinking purchasing power this year,” said... Read More

DRAPER, Utah, June 14, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation's largest health savings account ("HSA") custodian, announced today that James M. Lucania has been announced as the Company’s Executive Vice President and Chief Financial Officer with his term to begin following the filing of the Company’s Quarterly Report on Form 10-Q with the U.S. Securities and... Read More

Highlights of the first quarter include: Revenue of $244.4 million, an increase of 19% compared to $205.7 million in Q1 FY23. Net income of $4.1 million, compared to net loss of $13.6 million in Q1 FY23, with non-GAAP net income of $42.8 million, an increase of 89% compared to $22.7 million in Q1 FY23. Net income per diluted share of $0.05, compared to net loss per diluted share of $0.16 in Q1 FY23, with non-GAAP net income... Read More

DRAPER, Utah, May 16, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY), the nation’s largest health savings account (HSA) custodian, has released Sustainably Purple — the Company’s third annual Corporate Social Responsibility (CSR) Report on the heels of the company being ranked as the No. 1 HSA Provider in the country by Devenir Research. “We help more Americans connect health and wealth using HSAs and other tools... Read More

DRAPER, Utah, May 09, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY), the nation’s largest health savings account (HSA) custodian, announced today that it has been recognized by the Utah Worksite Wellness Council (UWWC) with a 2023 Platinum Healthy Worksite Award. This marks the second consecutive year that HealthEquity has received a Platinum Award from the UWWC. Additionally, HealthEquity received an Innovation... Read More

DRAPER, Utah, May 08, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced plans to release its first quarter of fiscal 2024 financial results following the close of regular stock market trading hours on Monday, June 5, 2023. Following the news release, HealthEquity management plans to host a conference call... Read More

DRAPER, Utah, April 04, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity”), the nation’s largest health savings account (HSA) custodian, has announced a strategic collaboration with Microsoft to modernize healthcare benefit administration through Microsoft Azure. The company’s investment in Azure furthers the HealthEquity “cloud-first” strategy to unite, simplify and modernize its technology... Read More

Highlights of the fiscal year include: Revenue of $861.7 million, an increase of 14% compared to $756.6 million in FY22. Net loss of $26.1 million, compared to $44.3 million in FY22, with non-GAAP net income of $114.5 million, compared to $110.2 million in FY22. Net loss per diluted share of $0.31, compared to $0.53 in FY22, with non-GAAP net income per diluted share of $1.36, compared to $1.33 in FY22. Adjusted EBITDA of... Read More

DRAPER, Utah, March 02, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced plans to release its fourth quarter and year-end fiscal 2023 financial results following the close of regular stock market trading hours on Tuesday, March 21, 2023. Following the news release, HealthEquity management plans to host a... Read More

DRAPER, Utah, Feb. 14, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") custodian, today announced HSA Assets and Total Accounts as of its fiscal year ended January 31, 2023. The Company also updated its previously announced FY23 guidance and announced upcoming investor conferences and presentations. The total number of HSAs as of... Read More

DRAPER, Utah, Feb. 07, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity”), the leader in health savings accounts (HSAs) and consumer-directed benefits administration has been recognized by Bloomberg for advancing gender equality in the workplace as a part of the firm’s Gender Equality Index (GEI). Simultaneously, Health Equity has once again attained Energage. Top Workplace status based on feedback... Read More

DRAPER, Utah, Jan. 09, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced estimates of HSAs, HSA assets and total accounts for its fiscal year ending January 31, 2023, reflecting record new openings and custodial asset growth. Estimated HSAs are expected to be approximately 8 million by January 31, 2023,... Read More